OT Logistics wants to buy Lotos Kolej

The-WSE listed OT Logistics approached the Ministry of the Treasury to purchase railway company Lotos Kolej, which is a subsidiary of the state-controlled Grupa Lotos. "We have signaled several times that we are interested in an acquisition on the Polish cargo railway market, and the offer confirms that,"  the firm's CEO Piotr Pawłowski said. Szczecin-based OT Logistics made an approach to buy Lotos Kolej, despite the fact that it had not been on sale so far. Nevertheless, the firm's CEO informed before about the plan to search for an external investor in order to consolidate the cargo railway market in Poland.